There simply aren't very many domestic small gold companies actually in production and as far along able to capitalize on current gold prices.
I just read an article where some are speculating gold will eventually trade in excess of $2000 an ounce.
I'm not sure I buy that type of speculation. However, here, we have a company that is already producing, owns two prolific mines known to be capable of significant production housing impressive proven reserves and they should be at a run rate of about $8 million in topline while they should put at least $4-$5 million to the bottom line this year.
Long story short, an already profitable small domestic gold producer with quality management owning almost the entire outstanding share count. To me, this investment is literally like finding a needle in a haystack or perhaps we could say it's like finding "free gold"
Absolutely one for the radar. Presuming they become fully reporting as they have indicated they intend to, and they continue to execute which has been the clear pattern of late, this one could prove to be a substantial gainer over the next year or two.
My current 9-12 month target is $3 with an 18-24 month target of $6-$8. I would not rule out an eventual liquidity event as management sells the company to a junior upon hitting critical mass.
SM
News 
Market Data 
Discover 
